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A memorandum of understanding between the department and Vermont Gas was delivered to the PSB las Wednesday.

Homeowners and attorneys representing those who oppose the project altogether said the new agreement that addresses the cost of the pipeline should be scrutinized. Some think Vermont Gas was given a special privilege to submit this kind of agreement at this stage of the game.

"It seems like our Department of Public Service is there to facilitate what the utility needs and not corral them," Monkton resident Nathan Palmer said.

The memorandum states that the company will promise to not spend more than $134 million on the project.

According to the utility, the agreement holds them accountable for how they complete the project going forward.

"We look forward to having the Public Service Board make their ruling so we can continue to complete this project cost-effectively, complete it with high quality and complete it on time and on budget in 2016," company CEO Don Rendell said.